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New Virtual Currency Policies Coming to the Philippines Philippine Central Bank Deputy Governor Nestor A. Espenilla Bitcoin.com reported last June that the Philippines central bank, Bangko Sentral ng Pilipinas (BSP), was preparing new guidelines involving Bitcoin companies in the area. Now the BSP deputy governor, Nestor Espenilla, has published a round (BSP Circular ???944) that defines the government’s position concerning Bitcoin operations. In the record, the BSP says that it…

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Petya Ransomware Funds Travel Through the Tumbling Process As the mainstream media portrayed it to be the Petya ransomware wasn’t as crazy, and the founders made off with $8,000 in extortion funds. One of the reasons was a result of their email. What’s intriguing about the Petya ransomware is the hackers chose to use funds to collect to multiple addresses used in these types of protocols. After a couple of…

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Taiwan to Regulate ICOs FSC Chairman Wellington Koo. The chairman of Taiwan’s Financial Supervisory Commission (FSC), Wellington Koo, has reportedly confirmed that the commission is drafting national standards for first coin offerings (ICOs). The FSC aims”to make virtual tokens as easy to invest in as stocks and just as liquid,” the Taipei Times reported on Oct. 23. At a finance committee meeting, Chinese Nationalist Party (KMT) legislator William Tseng requested Koo…

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Suchflex Turning Idle Computing Power Into an Incentivized Distributed System A great deal of people leave their computers running 24/7, and that computational power cans turn . The Alchemist Accelerator-funded startup aims to build without owning servers, the world’s largest data centre service. Its platform has been scaling operations since then and has been in beta since August. At present, the platform has 6,000 active users and more than 600 computers contributing…

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ICO Activity Plummeted ICO activity was down in September, according to a study by Autonomous Research. The firm wrote: Last month saw about $300 million in ICO funds raised, together with the month before that revised into a bit more than $400 million, a far cry from the $2.4 billion in January of this year. The highs go to over $ 3 billion, suggesting that ICO activity is down 90%…

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JBA Replaces JADA Founded in mid-April, the JBA replaces the prior Japan Association of Digital Asset (JADA), that has been active in the sector since July 2014. The new group includes high-profile members of the Japanese blockchain industry in addition to member of Parliament (and long-time Bitcoin proponent) Mineyuki Fukuda and Japan’s main financial regulator the Financial Services Authority (FSA). Speaking to Bitcoin.com, JBA’s Head of Global Affiliations and Partnerships Ayako Miyaguchi…

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The Initial Rejection The Japanese Financial Services Agency (FSA) is reportedly preparing to reject an application to operate a crypto market in the country. “The first time it has done so,” Nikkei reported, adding: The decision follows the ministry’s decision that Yokohama-based FSHO lacks the necessary systems to operate its business…By barring a market operator that it’s found to be substandard, the agency intends to demonstrate its decision to re-establish…

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Regulating as Securities Malaysian Finance Minister Lim Guan Eng said on Monday that his country”will regulate initial coin offerings (ICOs) and the trade of cryptocurrencies,” Reuters reported, including: An order to recognize digital currencies and electronic tokens as securities will come into force on Jan. 15, under the regulation of the Securities Commission Malaysia [SC]. The order is known as”the Capital Markets and Services (Prescription of Securities) (Digital Currency and…

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Third Ranking The Center for Information Industry Development (CCID), under China’s Ministry of Industry and Information Technology, formally released its third crypto job status last week. The list is composed of 31 crypto jobs. The center began ranking 28 crypto jobs in May. It added 2 more jobs: EOS and Nebulascasino bonus the casinomeister get the fuck This month, one more is added, making a total of 31 crypto projects. Gxchain…

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Entourage Actor and Blockchain Advocates Begin Pre Production of Cryptos Digital money fans will be interested to hear about a new television show called a series that is currently being directed by the Hollywood actor Kevin Connolly, Cryptos. The story follows a young startup seeking to launch a entertainment stage. The show will also feature Kevin Connolly, who’s famous for his rolebitstarz bitcoin casino Connolly has also agreed to direct…